Heavy Minerals Limited (HVY.AX)
Heavy Minerals Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Belmont, WA, AU. The stock last traded at $0.46, up 3.41% on the session, giving a market capitalisation of $32.7M. Its beta of 0.66 implies it has historically moved less than the broad market.
Heavy Minerals Limited, established in 2021 and based in Perth, Australia, specializes in the exploration and development of mineral resource projects. Their operations span both Western Australia and Mozambique, focusing on unearthing deposits of industrial garnet, ilmenite, zircon, leucoxene, and rutile. A cornerstone of their portfolio is the Port Gregory Garnet project, an extensive site in Western Australia covering around 227 square kilometers. The company also holds stakes in other notable ventures, including the Red Hill Prospect located near Geraldton, and the Inhambane Project in Mozambique.
Heavy Minerals Limited is most often compared with the following Basic Materials names: